OPERATIONS

Inpex charging ahead with Abadi-Masela project

MALAYSIA's Petronas and Indonesian state oil company Pertamina have finally completed their joint acquisition of Shell's stake in the Abadi-Masela LNG project, allowing Inpex to proceed with development of the massive offshore gas field.

paul hunt

Inpex charging ahead with Abadi-Masela project

In a statement, Petronas announced it had inked a sale and purchase agreement with Shell for 15% of its 35% stake in the Masela Block, in the deep waters of the Arafura Sea in eastern Indonesia. Pertamina...

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